Nestle India Limited has informed the Exchange regarding Press Note titled Nestle India signs MOU with Ministry of Food Processing Industries at World Food India Summit .
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Nestle India signed an MoU with the Ministry of Food Processing Industries (MoFPI) at the World Food India Summit 2025 in New Delhi on 30th September 2025. The MoU covers expedited investments in greenfield and brownfield projects in Odisha and at Nestle India's existing manufacturing locations over the next 2 to 3 years. The company expects the initiative to create both direct and indirect employment opportunities. Nestle India currently operates 9 factories in India, works with over 100,000 farmers, and reaches consumers through 10,000 distributors and 5.2 million retail outlets.
This is a non-binding investment intent announcement with the government, signalling Nestle India's continued capital expenditure commitment in India but without any disclosed financial quantum or binding obligation. Limited immediate impact on shareholders or stock price, though it reinforces the company's long-term India growth narrative.